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2-bed · 1,717 sqftGolf Promenade 2B, Damac Hills · 11th floor · completed 2019

1109, Golf Promenade 2B

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1.31M29 November 2020
Current rentAED 99K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1109, Golf Promenade 2B

What is 1109 worth today?

Last sold for AED 1,314,000 in 2020

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19 Sep 2024RentedRenewal
AED 99,128/yr9 months · AED 58 per sqft
19 Sep 2023RentedRenewal
AED 95,000/yr12 months · AED 55 per sqft
19 Sep 2022RentedRenewal
AED 89,250/yr12 months · AED 52 per sqft
19 Sep 2021RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
21 Apr 2021RentedNew contract
AED 85,000/yr12 months · AED 50 per sqft
29 Nov 2020Sold by developerReady
AED 1,314,000AED 765 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
1,717 sqft
Floor
11th of 12
Parking
P2-71
Developer
DAMAC
Completed
2019
Service charge
AED 21,400 /yr
Last sold
AED 1.31M · November 2020
Building
Golf Promenade 2B

About 1109, Golf Promenade 2B

1109 is a two-bedroom apartment of 1,717 sqft on the 11th floor of Golf Promenade 2B, a 12-storey tower in Damac Hills completed in 2019 by DAMAC. The developer sold it on 29 November 2020 for AED 1,314,000, or AED 765 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 19 September 2024, is AED 99,128 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 21,400 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical two-bed in Golf Promenade 2B
2M20192021202320252027Typical sale price by year: 2019 AED 1,539,500; 2020 AED 1,312,500; 2021 AED 1,389,150; 2023 AED 1,350,000; 2024 AED 1,760,000; 2026 AED 2,652,500Sold by developer, November 2020: AED 1,314,000 (AED 765 per sqft)

1109 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, each contractTypical two-bed in Golf Promenade 2B
100K150K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 90,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 142,500; 2026 AED 115,000New contract, April 2021: AED 85,000 a yearNew contract, September 2021: AED 85,000 a yearRenewal, September 2022: AED 89,250 a yearRenewal, September 2023: AED 95,000 a yearRenewal, September 2024: AED 99,128 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golf Promenade 2B, and where 1109 sits

All 21 2-beds →

Over the last 12 months two-beds sold for AED 1,900,000 to 2,900,000, around AED 1,259 per sqft, and rent for AED 110,000 to 135,000 a year. 1109's AED 99,128 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20262,430,000
7 Apr 20262,875,000
30 Mar 20262,900,000
26 Feb 20261,900,000
4 2-bed sales in the last 12 months

Golf Promenade 2B

Building

124 apartments, studios to 3-bed over 12 floors in Damac Hills, completed in 2019 by DAMAC. 13 sold in the last 12 months.

Typical price per sqft
AED 1,295 Up 4.1%
Typical sale
AED 1.05M
Typical rent
AED 70K /yr
Typical yield
6.7%
Golf Promenade 2B, Damac Hills: prices, sales and rents →

Other units on the 11th floor

All 124 units in Golf Promenade 2B
Value
1101StudioAED 700K · Jan 2016
1102StudioAED 600K · Nov 2024
11031-bedAED 1.04M · Feb 2023
11041-bedAED 1.19M · Sep 2025
11051-bedAED 900K · Sep 2024
11061-bedAED 806K · Nov 2021
11072-bedAED 1.1M · Dec 2020
1–7 of 9

1109, Golf Promenade 2B in numbers

  • Sold once: by DAMAC on 29 November 2020 for AED 1,314,000, or AED 765 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 85,000 to AED 99,128 a year.
  • At AED 99,128 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 21,400 a year (AED 12.48 per sqft).
  • Two-beds in Golf Promenade 2B sold for AED 1,900,000–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,295 per sqft.

Source: Dubai Land Department. Updated 19 September 2024.

Questions about 1109, Golf Promenade 2B

What did unit 1109 last sell for?

AED 1,314,000 on 29 November 2020, sold by the developer: AED 765 per sqft for 1,717 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 99,128 a year on the contract renewed on 19 September 2024. The previous contract, from September 2023, was AED 95,000; the unit has been rented since April 2021.

How big is unit 1109?

1,717 sqft (159.5 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower completed in 2019.

What is unit 1109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golf Promenade 2B sold for AED 1,900,000 to 2,900,000 in the last 12 months, around AED 1,259 per sqft.

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Mortgage on 1109, Golf Promenade 2B

Starts from the last sale price (AED 1.31M, 29 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,314,000
Deposit, UAE resident (20%)
AED 262,800
Deposit, non-resident (40%)
AED 525,600
Monthly over 25 years at 3.7%
AED 5,376

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →